Again, this isn't CNBC saying it. Here's a direct quote of words from Howard Lutnick's mouth, on camera!
"You're going to see robotic production of iPhones and the jobs that are going to be created"
He thinks robotic automated production is going to create enough jobs. Even though those robots themselves are able to be produced mostly in largely-automated factories.
Manufacturing is good at creating jobs overseas because labour is cheap, lives are cheap - cheaper than robots.
In America, labour is expensive, because there are actually some measure of labour standards. Robots are cheaper and less of a hassle for factory owners. And do not create as many jobs as manual manufacturing.
He said there will be "millions and millions" of jobs maintaining manufacturing robots. Idiotic 😂
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u/FragrantHockeyFan 1d ago
You can’t read huh? Just believe whatever CNBC is saying you lemming